๐ป Arthur Hayes now bears the outlook , believing that BTC could drop to $50,000, and altcoins might "sink even deeper into the sewer" article.
Previously: Arthur Hayes: It's time for "only up" in the crypto market. Believing in J. Powell.
Crypto Market Analysis
Previously: Arthur Hayes: It's time for "only up" in the crypto market. Believing in J. Powell.
Crypto Market Analysis
โค2
#WetDreams #BTC
๐งElliott Waves suggest a "predictable" $340,000 per Bitcoin...
P.S. If we break the line and fall below $40,000, the wave analysts will redraw the chart, and everything will be fine.
Crypto Market Analysis
๐งElliott Waves suggest a "predictable" $340,000 per Bitcoin...
P.S. If we break the line and fall below $40,000, the wave analysts will redraw the chart, and everything will be fine.
Crypto Market Analysis
๐3โค2
๐ธ #ETH The Ethereum Foundation has enough funds for another 10 years โ Reddit
The foundation's balance is $650,000,000 in ETH + fiat. This should last approximately 10 years.
The Ethereum Foundation's current annual expenses are around $100,000,000 (a report will be published soon).
Crypto Market Analysis
The foundation's balance is $650,000,000 in ETH + fiat. This should last approximately 10 years.
The Ethereum Foundation's current annual expenses are around $100,000,000 (a report will be published soon).
Crypto Market Analysis
๐ฅ1
๐ง Bitcoin could crash to $30,000 if Kamala Harris wins the U.S. presidential election โ forecast by Bernstein
๐ If Donald Trump wins, analysts predict BTC could rise to $90,000.
Crypto Market Analysis
๐ If Donald Trump wins, analysts predict BTC could rise to $90,000.
Crypto Market Analysis
โค13
#CashFlows
๐ Coinshares: Crypto fund flows report.
โ๏ธCapital outflow from the crypto industry for the week = $726,000,000 โ the highest since March 2024.
โซ๏ธCapital outflow from #BTC-related crypto products = $643,000,000.
โซ๏ธCapital outflow from #ETH-related crypto products = $98,100,000.
โซ๏ธCapital inflow into #SOL-related crypto products = $6,200,000.
โซ๏ธThere was a minor inflow into #XRP and #LTC-related crypto products last week.
Crypto Market Analysis
๐ Coinshares: Crypto fund flows report.
โ๏ธCapital outflow from the crypto industry for the week = $726,000,000 โ the highest since March 2024.
โซ๏ธCapital outflow from #BTC-related crypto products = $643,000,000.
โซ๏ธCapital outflow from #ETH-related crypto products = $98,100,000.
โซ๏ธCapital inflow into #SOL-related crypto products = $6,200,000.
โซ๏ธThere was a minor inflow into #XRP and #LTC-related crypto products last week.
Crypto Market Analysis
๐ฅ9
#onchain
๐ฎ 236,155 BTC ($14.22 billion) have been withdrawn from crypto exchanges in the past two months โ CryptoQuant
Crypto Market Analysis
๐ฎ 236,155 BTC ($14.22 billion) have been withdrawn from crypto exchanges in the past two months โ CryptoQuant
Crypto Market Analysis
โค5
๐ #OnChain
Santiment: People are actively shorting #MANA, #GRT, and #AAVE โ the liquidation of positions will lead to a significant price spike for these assets.
Crypto Market Analysis
Santiment: People are actively shorting #MANA, #GRT, and #AAVE โ the liquidation of positions will lead to a significant price spike for these assets.
Crypto Market Analysis
๐ According to Cointelegraph, Bitcoin could rise to $100,000 - $150,000 by the first quarter of 2025.
There is speculation that this could follow the completion of the classic technical analysis pattern "Cup and Handle" on BTC.
Crypto Market Analysis
There is speculation that this could follow the completion of the classic technical analysis pattern "Cup and Handle" on BTC.
Crypto Market Analysis
โค8
#ETF #CashFlow
๐ฎ BlackRock's spot Bitcoin ETF (#IBIT) recorded an INFLOW of funds yesterday for the first time in 3 weeks
The issuer currently holds 357,550 BTC ($20.7 billion).
Crypto Market Analysis
๐ฎ BlackRock's spot Bitcoin ETF (#IBIT) recorded an INFLOW of funds yesterday for the first time in 3 weeks
The issuer currently holds 357,550 BTC ($20.7 billion).
Crypto Market Analysis
๐3โค2
๐ FAIL Another crypto investor "gifted" $649,000 to scammers after copying the scammer's wallet address from transaction historyโฆ
Crypto Market Analysis
Crypto Market Analysis
๐ฅ6
โก๏ธ Jerome Powell (Chairman of the Federal Reserve):
โ๏ธ The economy remains generally strong.
โ๏ธ The labor market continues to cool, which is a significant step forward compared to the beginning of this year.
โ๏ธ Today's decision reflects growing confidence that labor market stability can be maintained.
โ๏ธ Consumer spending remains steady.
โ๏ธ Inflation has noticeably decreased but remains above our target level.
โ๏ธ The labor market is not a source of increased inflationary pressure.
โ๏ธ We expect stable GDP growth.
โ๏ธ Inflation risks have diminished.
โ๏ธ The risks of worsening conditions in the labor market (employment) have increased.
โ๏ธ Our forecasts are not a plan or decision.
โ๏ธ We will adjust the Federal Reserve's monetary policy as necessary.
โ๏ธ If the labor market situation worsens, we can respond.
โ๏ธ We can lower interest rates faster or slower, or pause if appropriate (depending on the economy).
โ๏ธ Most Federal Reserve governors supported todayโs 50 basis point cut, but there was strong debate.
โ๏ธ The economy remains generally strong.
โ๏ธ The labor market continues to cool, which is a significant step forward compared to the beginning of this year.
โ๏ธ Today's decision reflects growing confidence that labor market stability can be maintained.
โ๏ธ Consumer spending remains steady.
โ๏ธ Inflation has noticeably decreased but remains above our target level.
โ๏ธ The labor market is not a source of increased inflationary pressure.
โ๏ธ We expect stable GDP growth.
โ๏ธ Inflation risks have diminished.
โ๏ธ The risks of worsening conditions in the labor market (employment) have increased.
โ๏ธ Our forecasts are not a plan or decision.
โ๏ธ We will adjust the Federal Reserve's monetary policy as necessary.
โ๏ธ If the labor market situation worsens, we can respond.
โ๏ธ We can lower interest rates faster or slower, or pause if appropriate (depending on the economy).
โ๏ธ Most Federal Reserve governors supported todayโs 50 basis point cut, but there was strong debate.
๐4๐ฅ1
๐ Top 4 countries by Bitcoin holdings! (Arkham)
โช๏ธUSA โ $12,160,000,000
โช๏ธUK โ $3,670,000,000
โช๏ธBhutan โ $785,460,000
โช๏ธEl Salvador โ $351,750,000
Honorable mention โ Germany now holds "ZERO" (following a sale of $3.56B).
Crypto Market Analysis
โช๏ธUSA โ $12,160,000,000
โช๏ธUK โ $3,670,000,000
โช๏ธBhutan โ $785,460,000
โช๏ธEl Salvador โ $351,750,000
Honorable mention โ Germany now holds "ZERO" (following a sale of $3.56B).
Crypto Market Analysis
โค12๐2
#Hack
โ BingX exchange was hacked for $26 million โ PeckShield.
BingX (official statement): "A small portion of assets from the hot wallet were affected, but the majority of funds remain secure. To protect our clients, we are extending deposit/withdrawal times while bolstering security. The hacking attempt has been stopped."
Approximately $43 million was stolen (via Twitter).
Crypto Market Analysis
โ BingX exchange was hacked for $26 million โ PeckShield.
BingX (official statement): "A small portion of assets from the hot wallet were affected, but the majority of funds remain secure. To protect our clients, we are extending deposit/withdrawal times while bolstering security. The hacking attempt has been stopped."
Approximately $43 million was stolen (via Twitter).
Crypto Market Analysis
โค16
๐ Top Token Unlocks from September 23 to 29:
โซ๏ธ VENOM - $25.11M
โซ๏ธ YGG - $6.57M
โซ๏ธ AGIX - $5.73M
โซ๏ธ FET - $5.61M
โซ๏ธ ENA - $3.80M
โซ๏ธ GAL - $0.98M
Crypto Market Analysis
โซ๏ธ VENOM - $25.11M
โซ๏ธ YGG - $6.57M
โซ๏ธ AGIX - $5.73M
โซ๏ธ FET - $5.61M
โซ๏ธ ENA - $3.80M
โซ๏ธ GAL - $0.98M
Crypto Market Analysis
๐14๐ฅ6๐ฅฐ2
๐ฅ๐จ๐ณ Analysts predict BTC to surge to $78,000 in the coming weeks amid the announcement of a "stimulus package for China's economy."
The People's Bank of China (PBOC) is set to inject $140 billion of liquidity into the financial system by lowering the reserve requirement ratio (RRR*) by 50 basis points.
Additionally, China has eased property purchase regulations and will recapitalize its largest banks for the first time in over a decade.
*RRR โ Reserve Requirement Ratio for banks.
Crypto Market Analysis
The People's Bank of China (PBOC) is set to inject $140 billion of liquidity into the financial system by lowering the reserve requirement ratio (RRR*) by 50 basis points.
Additionally, China has eased property purchase regulations and will recapitalize its largest banks for the first time in over a decade.
*RRR โ Reserve Requirement Ratio for banks.
Crypto Market Analysis
โค14๐ฅ8
๐ #SOL VanEck predicts that Solana could rise to $330.
"Solanaโs market cap has a strong chance of reaching 50% of Ethereumโs (#ETH) market cap."
"Solanaโs blockchain processes 3000% more transactions than Ethereum and has 1300% more daily active users, showcasing its potential advantages in efficiency and scalability."
Crypto Market Analysis
"Solanaโs market cap has a strong chance of reaching 50% of Ethereumโs (#ETH) market cap."
"Solanaโs blockchain processes 3000% more transactions than Ethereum and has 1300% more daily active users, showcasing its potential advantages in efficiency and scalability."
Crypto Market Analysis
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